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White House considers Judy Shelton for Federal Reserve Board
By Saleha Mohsin, Jennifer Jacobs, and Margaret Talev
Satuday, May 11, 2019
The White House is considering conservative economist Judy Shelton to fill one of the two vacancies on the Federal Reserve Board of Governors that President Donald Trump has struggled to fill.
Shelton has been contacted by the White House regarding the position, according to two people familiar with the matter who described the outreach on condition of anonymity.
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She declined a request for comment, but today responded "Thank you, Sir" to a tweet from Rep. Jim Banks, R-Indiana, saying she'd be a "great pick" for the central bank.
Shelton, who has served as an informal adviser to Trump, holds a Ph.D. in business administration with an emphasis on finance and international economics from the University of Utah.
She is currently U.S. executive director for the European Bank for Reconstruction and Development and previously worked for the Sound Money Project, which was founded to promote awareness about monetary stability and financial privacy. ...
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